Shellie Zimmerman, wife of Trayvon Martin shooter George Zimmerman, has been arrested and charged with one count of perjury and accused of lying to a judge about their finances at her husband’s bond hearing in April.

She was released on $1,000 bond and now faces up to five years in prison and a $5,000 fine.

Shellie Zimmerman testified in April that the couple had limited money for bail because she was a full-time student and her husband wasn't working. At that bond hearing, Zimmerman was released on $150,000 bond.

Her husband has pleaded not guilty to second-degree murder in Trayvon's shooting death. On June 1, a judge revoked his bond after it was discovered Zimmerman was in possession of a second passport and was aware of the $135,000 he received in donations via his personal website. Two days later, he surrendered to police custody.

Records show Shellie Zimmerman in the days before the hearing transferred $74,000 in eight smaller amounts ranging from $7,500 to $9,990, from her husband's credit union account to hers, according to an arrest affidavit. It also shows that $47,000 was transferred from George Zimmerman's account to his sister's in the days before the bond hearing.

Four days after he was released on bond, Shellie Zimmerman transferred more than $85,500 from her account into her husband's account, the affidavit said. The affidavit also said that jail call records show that George Zimmerman instructed her to "pay off all the bills," including an American Express and Sam's Club card.

A state attorney investigator met with credit union officials and learned that she had control of transfers to and from her husband's account.

Jeffrey Neiman, a former federal prosecutor now in private practice, said cash transactions in excess of $10,000 usually trigger a reporting requirement by the bank to multiple government agencies — including the IRS.